804 Laurel St | Creston, IA 50801
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804 Laurel St
Creston, IA 50801
Creston Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 2017 Construction | 2020 Renovation | Converted from a Single-Tenant to a Multi-Tenant Building
- Walmart Outparcel Positioned in the Heart of the Creston Retail Corridor | Creston is Home to Southwestern Community College & Buena Vista University
- Anchored by Uscellular | Publicly Traded on the NYSE under the Ticker Symbol “USM”
- 5,000 Square Foot, Two-Tenant Retail Strip Center | 100 Percent Occupied | All Triple Net Leases
- Several Traffic and Economic drivers nearby including Tractor Supply Co, Hyvee, Bomgaars, Maurices, Supertel Inn, Dollar Tree, Super 8, etc
- Brand-New 5-Year Lease Signed by Creston Liquor | Commences March 2023 | Rental Increases in the Renewal Options for both Tenants
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Building Class
B
Year Built
2017
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
1.20 AC
Zoning
Commercial
Parking
25 Spaces (5 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 0512304027 | Improvements Assessment | $584,530 |
| Land Assessment | $133,500 | Total Assessment | $718,030 |
PROPERTY TAXES
Parcel Number
0512304027
Land Assessment
$133,500
Improvements Assessment
$584,530
Total Assessment
$718,030
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